ThinkstockIt is usually interesting when Wall St. brokerage firms and research firms issue analyst coverage on each other. Sometimes the coverage is positive and sometimes it is negative. Many investors likely have…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage market…
Frank Golhen, via Wikimedia CommonsThe research team at the Bank of America Corp. (NYSE: BAC) unit Merrill Lynch is resuming coverage of the public financial exchanges. IntercontinentalExchange Inc. (NYSE: ICE) was reinstated…
ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the recession…
Bank of America Corporation (NYSE: BAC) is out with a report via the Merrill Lynch research team showing more data on the endless inflows of capital rotating back into the stock market.…
Jon C. Ogg ThinkstockThe stock market sold off on Wednesday on the mere mention that the governors at the Federal Reserve are starting to discuss the ending or at least tapering off of the long…
ThinkstockAmericans are often concerned about how Chinese economic growth and the rise of major Chinese businesses could impact U.S. interests. With the People’s Republic expected to pass the United States in gross…
ThinkstockInterest rates have been kept at historically low levels by the Federal Reserve since the Great Recession began in 2008. The intent behind this was to spur loan activity and borrowing to…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp.’s (NYSE: BAC) chief executive officer, Brian Moynihan, has been rewarded appropriately for a combination of layoffs, settlements of legal…
Douglas A. McIntyre ThinkstockNew Greek Austerity Protests The masses in one European nation once again demonstrated that government attempts to close deficits through austerity only work if people work. Greeks staged a large national strike…
Douglas A. McIntyre ThinkstockIt has been estimated that $2.75 trillion will need to be invested in America’s aging infrastructure by 2020 to get our crumbling roads, bridges, highways, water systems and power grids back up…
Jon OggThese are some of this Monday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Apache Corp. (NYSE: APA) cut to Neutral at Macquarie. Bank of America Corp.…
courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a…
ThinkstockBanks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones Industrial Average…
thinkstockWe have tracked the key short interest changes as of January 31 in the following large cap stocks: General Electric Co. (NYSE: GE), Nokia Corp. (NYSE: NOK), Bank of America Corp. (NYSE:…
